(Persia Digest) – The Iranian Ambassador to the UK has announced that four countries are trying to return Iran to the FATF black list, saying: “If Iran is unable to reach a suitable conclusion on this, we may be exposing our banking system to imposed sanctions.”

Hamid Baeidinejad said: “At the last meeting in Paris, the US, Israel, Saudi Arabia, and Argentina tried very hard to return Iran to the black list.”

The Iranian Ambassador to the UK added: “Countries who are on good terms with Iran opposed the actions of these four countries and it was decided at the meeting to grant Iran a three-month time period to reach its final conclusion.”

Read more:

► FATF suspends countermeasures against Iran

► The FATF welcomes Iran commitment

► Supreme Leader: Parliament to pass laws on terrorism

He expressed hope that expert talks inside Iran can reach a balanced decision so that the country’s banking system can use such global facilities.

Persia Digest reports that the FATF is an intergovernmental organization that was formed by the G7 countries and began work in 1989 to fight money laundering worldwide. In 2001, following 9/11, the FATF was also put in charge of examining target investment markets in terms of the possibility of financing terrorism.

Click here for more economic news.

* captcha:
* Comment: